| Date: Feb 28, 2018 |
| www.ferroalloynet.com: In February, owing to Chinese new year holiday, Chinese vanadium market sees thin transaction and some manufacturers see the decrease in output, leading fluctuations of vanadium operating rate and output. Currently the market is full of wait-and-see sentiment and most market participants are confident about the future marekt. Chinese vanadium supplies of raw materials have been being tight, vanadium market prices stabilize at highs and the market is running normally. |
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